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Free Online Economics Textbooks

Click the Here to read the following Books

General Economics
Capitalism: A Treatise on Economics by George Weisman
George Weisman attempts to provide a synthesis of classical and Austrian economics in this text (available online).

Introductory Economics

Cybernomics: A Semi-Interactive, Almost Multimedia Way to Learn Economics
An online principles text by Robert E. Schenk (Saint Joseph’s College, IN)

The Economics Net-TextBook by Ted Black (University of Maryland)
This online text provides useful simulation and review material on an extensive collection of micro, macro, and international economics topics.

Essential Macroeconomic Principles by John Bouman (Howard Community College)
An online macroeconomics text available in either Adobe pdf or Microsoft Word format.

Essential Microeconomic Principles by John Bouman (Howard Community College)
An online microeconomics text available in either Adobe pdf or Microsoft Word format.

The Best of Economics by Arnold Kling
An online textbook containing a discussion of a wide variety of economics topics.

Essential Principles of Economics: A Hypermedia Approach by Roger A. McCain (Drexel University)
The most extensive attempt at an online economics text using hypermedia.

Human Society and the Global Economy by Kit Sims Taylor (Bellevue Community College)
This site contains an online version of a survey text in economics that relies on an institutionalist/Post-Keynesian approach. The text may be viewed online or Word 7.0 copies of the chapters may be downloaded.

A Pedestrian’s Guide to Economics by Orley Amos (Oklahoma State University)
An online expanded version of his Economic Literacy book. This book is designed to provide an intuitive explanation of economic concepts to the general public (and struggling principles students).
Introductory Macroeconomics

Macro Mechanics by David Ashby (Western Oregon University)
In this alternative introductory text, Dr. Ashby has re-engineered macroeconomics with emphasis upon the operational mechanics of the microeconomic engines that power the macro-economy.

Macroeconomics by Matthias Doepke, Andreas Lehnert, and Andrew Sellgren
An online textbook that is designed to supplement and extend the analysis in Macroeconomics by Robert Barro. This text provides a mathematical analysis of the issues and models discussed in Barro’s text.
Introductory Microeconomics

Basic Microeconomics by R. Larry Reynolds.
This online textbook is accompanied by online Flash and QuickTime tutorials, interactive spreadsheet, and PowerPoint slides.

Introduction to Economic Analysis by R. Preston McAfee.
This online textbook, provided by R. Preston McAfee (Calfornia Institute of Technology) provides a rigorous coverage of a wide range of microeconomic topics. It’s a remarkably comprehensive introductory text.

Quantum Microeconomics by Yoram Bauman
An alternative introductory/intermediate textbook that focuses on optimization analysis and game theory.

Quantum Microeconomics with Calculus by Yoram Bauman
An alternative introductory/intermediate textbook that focuses on optimization analysis and game theory.
Intermediate Macroeconomics

Intermediate Macro Mechanics by David Ashby (Western Oregon University)
In this preliminary draft, Dr. Ashby adds a modified form of the IS-LM analysis to the model developed in his introductory level Macro Mechanics.

Macroeconomics by Matthias Doepke, Andreas Lehnert, and Andrew Sellgren
An online textbook that is designed to supplement and extend the analysis in Macroeconomics by Robert Barro. This text provides a mathematical analysis of the issues and models discussed in Barro’s text.

Macroeconomic Theory and Policy by David Andolfatto.
This text provides a modern treatment of macroeconomic analysis. Particular emphasis is placed on the development of the microfoundations of macroeconomic theory. This textbook is available as a .pdf file.
Intermediate Microeconomics

Price Theory: An Intermediate Text, by David Friedman
An online copy of the text that was published by SouthWestern College Publishing.

Elements of Economics: The People’s Introduction to Economic Theory by Richard Ruble (University of Virginia)
This work is a draft of an introductory/intermediate level microeconomics text.

Introduction to Economic Analysis by R. Preston McAfee.
This online textbook provides a rigorous coverage of a wide range of microeconomic topics. While it is listed as an introductory textbook, it covers a wide range of topics that is equivalent to an intermediate level textbook.

Quantum Microeconomics by Yoram Bauman
An alternative introductory/intermediate textbook that focuses on optimization analysis and game theory.

Quantum Microeconomics with Calculus by Yoram Bauman
An alternative introductory/intermediate textbook that focuses on optimization analysis and game theory.
Graduate Microeconomics

Lecture Notes in Microeconomic Theory: The Economic Agent by Ariel Rubinstein
This text, published by Princeton University Press (2006) contains a set of lecture notes for the first quarter of a graduate microeconomics course. These notes were developed by Ariel Rubinstein will teaching graduate microeconomics courses at Tel Aviv, Princeton, and New York Universities.

A printable verion of this text, corrections, links, and minor modifications may be found At:

Agricultural and Resource Economics

Agricultural and Environmental Policies: Economics of Production, Technology, Risk, Agriculture, and the Environment by David Zilberman
An online agricultural and resource economics text at an intermediate to advanced level.
Auction Markets

Auctions: Theory and Practice by Paul Klemperer.
This is a near-final draft of the 2004 Princeton University text with the same title.
Bounded Rationality

Modeling Bounded Rationality by Ariel Rubinstein
The entire 1998 MIT Press text is available online at this site. This book contains an investigation of methods that have been used to introduce the effects of bounded rationality into economic models.
Computational Economics

Computational Economics by Hans M. Amman and David A. Kendrick
This online text provides an overview of computational economics.
Economics and Language

Economics and Language by Ariel Rubinstein
This website contains links to the full-text of this collection of five essays examining the relationships between economics and language. These essays are extended versions of the Churchill lectures delivered by Ariel Rubinstein in May 1998. Among other issues, these essays examine the relationship between mathematical language and natural language in economic analysis. This was initially published by Cambridge University Press in 2000.
Econometrics

A Course of Econometrics by D.S.G. Pollock.
This online text contains a discussion of econometric theory written at an advanced undergraduate or beginning graduate level.

Discrete Choice Methods with Simulation by Kenneth Train.
The entire text of the 2003 Cambridge University Press text is available here in PDF format for personal research and study.

Econometrics by Michael Creel
An open source econometrics textbook.

Handbook of Econometrics, vol. 1-5
Elsevier has now placed the first 5 volumes of the Handbook of Econometrics online in Adobe pdf format.

Lectures in Optimization by Pravin Varaiya.
This is the text of a book that has been out of print since 1975. It provides a discussion of mathematical programming, optimal control, and dynamic programming.

Lectures in Introductory Econometrics by D.S.G. Pollock.
This online booklet contains a discussion of basic econometric theory written at an advanced undergraduate or graduate level.

Probability Theory with Economic Applications by Efe A. Ok
This online text contains a graduate-level discussion of basic concepts of probability theory. Economic examples are used throughout the text.

Structural Analysis of Discrete Data and Econometric Applications, edited by Charles F. Manski and Daniel L. McFadden
The complete text of this classic 1981 MIT Press volume is available in either Adobe PDF or Postscript format.

Numerical Recipes in C
The entire 2nd edition of Numerical Recipes in C is available on ths site.

Numerical Recipes in Fortran 77
The entire 2nd edition of Numerical Recipes in Fortran 77 is available on ths site.

Numerical Recipes in Fortran 90
The entire 2nd edition of Numerical Recipes in Fortran 90 is available on ths site.

Topics in Econometric Theory by D.S.G. Pollard.
This work consists of a series of essays on applied econometric topics.

Urban Travel Demand: A Behavioral Analysis by Tom Domencich and Daniel L. McFadden
The entire text of this 1975 North-Holland volume is available at this site in both Adobe PDF and Postscript formats.
Game Theory

Bargaining and Markets by Martin J. Osborne and Ariel Rubinstein.
This is an online version of the text published by Academic Press in 1990.

Strategy and Conflict: An Introductory Sketch of Game Theory by Roger A. McCain
This online text contains a brief, nontechnical solid introduction to game theory concepts and their application to economics.
History of Economic Thought

History of Economic Thought by R. Larry Reynolds
This website contains a draft of an online textbook on the history of economic thought. (Some of the sections are currently available only in outline format.)
International Economics

International Trade Theory & Policy Analysis by Steven M. Suranovic (George Washington University)
This web site contains links to a free html version of the text as well as a pay-per-view version in Adobe Acrobat format. The free version does not contain answer keys.

International Economics by Robert A. Mundell.
This is the complete text of Robert A. Mundell’s 1968 text. It was originally printed by Macmillan, but is now out of print.
Law and Economics

Encyclopedia of Law and Economics, edited by Boudewijn Bouckaert and Gerrit De Geest.
The entire 5-volume Edward Elgar publication is available online.

Law’s Order: What Economics Has to Do With Law and Why It Matters” by David Friedman.
This online copy of a 2000 Princeton University Press text provides a superb introduction to the relationships between law and economics. Topics included in this text include economic analyses of: crime, externalities, marriage, fertility, divorce, the value of life, contract law, tort law, and many other topics.
Mathematical Economics

Real Analysis with Economic Applications by Efe A. Ok
This online text contains a discussion of topics in real analysis that are extensively used in economics. Economic examples are used throughout the text.
Money and Banking

Money Mechanics by David Ashby (Western Oregon University)
The focus is upon the operational mechanics of U.S. monetary institutions. The book uses the re-engineered macro analysis from Intermediate Macro Mechanics.
Public Choice
Understanding Democracy: An Introduction to Public Choice by J. Patrick Gunning
This text provides a basic introduction to public choice theory. He asks that users of this text provide him with feedback and suggestions.
Production Economics

Production Economics: A Dual Approach to Theory and Applications. Volume I: The Theory of Production, edited by Melvyn Fuss and Daniel L. McFadden
The entire text of this 1981 North Holland volume is available online in either Adobe pdf or Postscript formt.
Statistics

Electronic Statistics Textbook by StatSoft
An online statistics textbook from the company that provides the statistical software package, Statistica.

HyperStat Online Textbook by David M. Lane.
An online statistics textbook containing Java and Javascript applications.

Lectures in Mathematical Statistics by D.S.G. Pollock.
This site contains a series of detailed lecture notes on statistics at an advanced undergraduate or introductory graduate level.

Introductory Statistics: Concepts, Models, and Applications by David W. Stockburger.
This online text contains an introductory discussion of basic statistical concepts.

Statnotes: An Online Textbook by G. David Garson.
This online text contains a discussion of basic statistical concepts.

SurfStat Australia
An online introductory statistics text in HTML format.

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